Answered

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Tiana deposited $60 in an account earning 10% interest compounded annually. To the nearest cent, how much will she have in 3 years?

Sagot :

Answer:Go look Under.... You think u smart.....

Step-by-step explanation:

Write the rate as a decimal.

10%=0.10

Calculate the balance.

B= p(1+r)^t

= $60(1+0.10)^3

= $60(1.10)^3

= $60(1.331)^3

= $79.86

The balance will be $79.86

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